Trade equities, options, futures1, and forex1 in a live market simulation. Open your account to start testing your investment ideas and strategies or to practice trading stocks, ETFs, options, and futures in a live market simulation.In this tutorial, we'll demonstrate how to use paperMoney® on the thinkorswim® platform and place simulated stock trades. It's called Paper Trading, there are loads of websites and apps, depending on what you're looking to trade, ie stocks, options, futures etc. Our trading simulator allows you to practice trading and learn the essentials along the way. Ideal for beginners, it's free and there's no login required. A list of the 9 best stock market simulators. These are tools that allow you to practice trading with virtual money, also termed paper trading. Click on "Switch to Virtual" at the bottom of your account dashboard; Now you can practice investing in the markets, in real time, without losing any capital. Yes, there are several websites and platforms that offer simulated trading with virtual money, similar to high school stock market games.